, Commercial Development Business, the manufacture and distribution of treated water business and electricity production business. Therefore, there was no similar type of business in the industry that can be

goods. Also, the price of domestic products could gradually increase that served middle to high income consumers. In Q4/2018, Cost of manufacture will be continually increasing as trend of oil and

subsidiary is manufacture of concrete products where the sale revenue is higher than it was in 2019, in relation to selling of products to the sky train construction project. 3.4 The cost of property

2018. * The operational results were calculated based on the consolidated financial statements which consist of the Expressway Business, Rail Business, Commercial Development Business, the manufacture

and strategic integration. Our diversified portfolio provides an earnings mix that combines the higher-volume Necessities (79% of 1Q 2018 LTM volume), now with improving margins, and stable-margins HVA

Golf Resort), which contributed THB 222mn and (iii) the improving overall operating performance of all 3 of our hotels in Thailand, Eastin Grand Sathorn, Anantara Chiang Mai and Avani Khon Kaen hotels

imports of capital goods and raw materials. This was in line with the improving business sentiment and export recovery. The value of Thai exports for the first two months of 2021 fell by 1.2% yoy. Excluding

, improving from 76.1% in 2017 to 78.4% in 2018. Both HR services and Financial services showed positive increase in proportion of recurring income as we continue to expand our customer base for recurring

Che 1 and 2 solar projects in Vietnam, 2) ABP3’s improving heat rate after gas turbine upgrade in Dec 2018 - Jan 2019 and 3) interest cost saving. • NNP / NNP - owner of the parent increased 6.8% y-on-y

Tax The net profit after tax closed at 146.98mb (2018: 121.75mb), improving by 25.23mb or 20.7% due to a combination of reasons including consolidating the result of TigerSoft, increase in revenue and